Oct 2, 2012 4:00pm EDT
's future without his close friend steve jobs. and interview you won't want to miss. joining us coming up. meanwhile, let's look that the reversal on wall street. yes, we closed lower, but it was well off the lows of the afternoon. the dow jones industrial average down 0.25% this afternoon. a come back in apple, a handful of technology names. nasdaq finished positive, reversing its earlier losses with a gain on the session of 6 1/2. the s&p 500 also higher on the session. there's a look at treasuries here with yields fractionally higher on the day. as you can see there, yields moving lower and the price moving higher, pardon me. let's get straight to the markets and talk about investing in this environment. gentlemen, good see you. thank you so much for joining us. dan, let me kick this off with you. what do you think happened at end of the day today? seems this market has been trading on some worries last several sessions. yet, we did see some optimism at end of the day. >> absolutely. it's a case of perhaps, you know, still do not fight the fed. what we were watching specifically was ap
Oct 3, 2012 4:00pm EDT
get a preview with our market panel right now. keith springer with me along with steve wood and mandy drury. thank you for joining us. let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers. i think i wouldn't be surprised if it came in a little soft. >> kate, do you agree with that? if so, is this priced into the market? >> yes, absolutely priced in, maria. great question. what they're going to expect is for it to be terrible. if it isn't terrible, we'll see a rally. what matters most to this market is earnings. we're in pre-earnings disappointment season where we're going to float a little bit until earnings come out. we've seen a friend where earnings h
Sep 27, 2012 4:00pm EDT
. >> but the analysts fears came back. >> hold on one second, steve. can we bring up this chart? the s&p and the dow? something just happened. i don't know what it is. we've had a sharp move. >> was the news out of spain really that good? how should you be setting up for q 4. the traders are pulling out all the stops to find your trade. >> hold on, steve. >> karen is hitting the mall for a retail bargain while josh has his eye on the trades. fresh off the trading floor, this is ""fast money.""
Sep 26, 2012 4:00pm EDT
. it's steve mostin. 2.2 puts him as the top donor. that's more than one-tenth of the amount. now, he's a trial lawyer in houston. he made a fortune from hurricane lawsuits. he's opposed, no surprise, to tort reform and caps on jury awards. he's going head to head with fellow texan romney supporter bob perry. he's the number two romney donor. he helped fund a group that distributed a flyer attacking mostyn. he fought back with a anti-perry website. seems that even the donors now are behaving more like the politicians that they support. back to you. >> pretty amazing, robert. you know, money has been talking. it's not just for the presidential candidates, right? you're also seeing money talk for, you know, changes in the house and senate. >> yeah, and, you know, the amount of money in this election, this will be by far the most expensive election ever. the unlimited amount that people can now spend, you know, whether this makes a big difference -- if romney loses, people will say super pacs didn't make a difference. if he wins, they'll say it was a deciding factor. i think the jury is